Caterpillar 262D3 vs New Holland C232: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $39,742 for the New Holland C232. That's a $4,808 difference. Based on 30 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
Both machines are competitively priced with only a $4,808 difference. Your decision should come down to brand preference, dealer proximity, and specific feature needs rather than price alone.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →New Holland C232
CTL$39,742 CAD avg
$17,457
Low
$60,253
High
14
Sales
Avg 1,841 hours · 2011–2017 model years
Full price guide →How do 262D3 and C232 specs compare?
| Spec | Caterpillar 262D3 | New Holland C232 |
|---|---|---|
| Horsepower | — | 84 hp |
| Rated Operating Capacity | — | 2,700 lbs |
| Operating Weight | — | 10,085 lbs |
| Lift Type | — | vertical |
| Frame Size | — | mid |
| High Flow | — | 1 gpm |
What are the key differences between 262D3 and C232?
- Price: The 262D3 is $4,808 cheaper on average (12% savings).
- Track Type: 262D3 is a wheeled skid steer (SSL) while C232 is a compact track loader (CTL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 262D3s average 3,424 hours while C232s average 1,841 hours.
Both Caterpillar and New Holland retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or C232? Check current listings with Deal Scores.
Which is the better value: 262D3 or C232?
Choose the Caterpillar 262D3 if:
- You want lower upfront cost ($4,808 savings)
- You work on pavement, concrete, or hard surfaces
- You prefer Caterpillar's dealer network and parts availability
Choose the New Holland C232 if:
- You work on soft ground, mud, or uneven terrain
- You prefer New Holland's dealer network and parts availability
How do 262D3 and C232 prices compare by year?
| Year | Caterpillar 262D3 | New Holland C232 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
| 2017 | — | $52,192 (4) |
| 2014 | — | $32,575 (2) |
| 2013 | — | $45,914 (4) |
| 2012 | — | $18,756 (2) |
| 2011 | — | $30,651 (2) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and C232 prices compare by hours?
| Hours | Caterpillar 262D3 | New Holland C232 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 1,000-1,999 hrs | — | $45,372 (10) |
| 2,000-2,999 hrs | $42,560 (6) | — |
| 3,000-3,999 hrs | $30,387 (2) | $32,575 (2) |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or C232 in Canada?
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